Screening Filters & Rationale
Market Cap (max: $1,000,000,000):
- Purpose: Focus on small-cap companies to identify potential high-growth opportunities.
- Rationale: Smaller market cap stocks often exhibit higher volatility and growth potential, aligning with penny stock characteristics.
Price (max: $5):
- Purpose: Limit the stock selection to low-priced shares typically classified as penny stocks.
- Rationale: Stocks priced under $5 are generally considered penny stocks, catering to the user's request.
Beta (HighRisk):
- Purpose: Target stocks with high beta to align with a high-risk, high-reward strategy.
- Rationale: High beta stocks are more volatile, offering greater potential for significant price movements.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure liquidity by selecting stocks with substantial trading activity.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity in penny stocks.
Is Optionable (True):
- Purpose: Include stocks that offer options trading for additional investment strategies.
- Rationale: Optionable stocks provide flexibility for hedging or leveraging positions, enhancing investment opportunities.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.